Tech Company Financing Transactions
Acuvity Funding Round
Acuvity, based in Sunnyvale, secured $9 million in funding from Foundation Capital and private investors.
Transaction Overview
Company Name
Announced On
9/5/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Foundation Capital (Lead Investor)
private investors (Basil Alwan)
private investors (Jonathan Siddharth)
private investors (Sri Reddy)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its products to protect the rapid expansion of AI adoption in the enterprise.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
111 West Evelyn Avenue 104
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Website
Email Address
Overview
Acuvity is a team of security and AI experts who are dedicated to providing the solutions to safely adopt GenAI in enterprises. AI is everywhere and we believe the usage of AI is only going to grow. The biggest concerns are that of security, trust, liabilities and safety of using these systems. We want to help enterprises adopt AI by addressing these concerns with visibility and control. We help enterprises to achieve comprehensive GenAI security whether its for employees accessing internal or external services or building/deploying applications with models.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Satyam Sinha
Chief Technical Officer
Antoine Mercadal
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